The Fed's meeting starts today!

First, let's confirm the timing: This Fed policy meeting is taking place on October 27–28, U.S. time, and today is the first day. The rate decision is expected to be announced at 2 a.m. Beijing time on October 29, so we won't get the result during the day today.

I think there are three things worth watching this time:

First, whether the rate decision meets market expectations. If the outcome has already been priced in, the number alone may not tell us much.

Second, the Fed's stance on inflation and future policy. If it continues to emphasize inflationary pressures and the need to keep rates relatively high, risk assets may struggle.

Third, and what I'm most interested in: where BTC goes from here.

If the market gets bearish news but BTC refuses to fall, that could mean selling pressure isn't as strong as people thought. If the news isn't that bad but the rebound still lacks momentum, then we should be wary that the market itself may not be strong enough.

I'm still cautious for now. I won't assume the trend has reversed just because of a rally ahead of the meeting. But I also won't assume BTC has to fall just because the Fed is meeting.

What really matters isn't just what the Fed says, but how the market reacts afterward.

Will this meeting mark a turning point for BTC, or will it be another round of bulls and bears taking turns getting shaken out? #美联储会议